Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is The Kroger (NYSE:KR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
The Kroger is a member of the Retail-Wholesale sector. This group includes 218 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. KR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for KR's full-year earnings has moved 1.12% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, KR has returned 5.31% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 10.48% on a year-to-date basis. This means that The Kroger is outperforming the sector as a whole this year.
To break things down more, KR belongs to the Retail - Supermarkets industry, a group that includes 11 individual companies and currently sits at #25 in the Zacks Industry Rank. This group has gained an average of 6.15% so far this year, so KR is slightly underperforming its industry in this area.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to KR as it looks to continue its solid performance.
The Kroger Co. (KR): Free Stock Analysis Report
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Zacks Investment Research